Title :
Game theory applied on step-priced micro grid
Author :
Hong Huang ; Xiaozhong Liao
Author_Institution :
Sch. of Autom., Beijing Inst. of Technol., Beijing, China
fDate :
May 31 2014-June 2 2014
Abstract :
In this paper, a micro grid price mechanism is discussed and optimised. Operators can increase the consumers´s profile under step-price environment. With a novel low-carbon strategy designed in this paper, consumers make ones own decision whether to buy or sell energy with what price. By using this strategy, energy distribution can be optimised and the utilization of clean power will increase. A simulation is conducted to prove the robustness and effectiveness of the strategy.
Keywords :
distributed power generation; game theory; pricing; clean power utilization; energy distribution; game theory; low-carbon strategy; step-priced micro grid; Batteries; Electricity; Generators; Load modeling; Microgrids; Wind power generation; auction; low-carbon; micro grid; power peak shaving; step-price;
Conference_Titel :
Control and Decision Conference (2014 CCDC), The 26th Chinese
Conference_Location :
Changsha
Print_ISBN :
978-1-4799-3707-3
DOI :
10.1109/CCDC.2014.6853024